Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the carrying value of Inventory at December 31, 2021, assuming the lower of cost or net realizable value (LCNRV) rule is applied to individual products. (Do not round intermediate calculations.) Cost NRV Inventory Value ces Product (units) A(1 B 250) C (1 D 050) E 050) $ 0 $ O Required 2 > Required 1 Required 2 Required 3 Determine the carrying value of Inventory at December 31, 2021, assuming the LCNRV rule is applied to the entire inventory. (Do not round Intermediate calculations.) Inventory carrying value Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assuming Inventory write-downs are common for Decker, record any necessary year-end adjusting entry based on the amount calculate In requirement 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record any necessary year-end adjusting entry assuming that inventory write- downs are common for Decker Company Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal